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Class 08 - Vol 2, Chapters 12-14

Reading Marx's Capital Volume 2 (audio)

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Analysis of Profit, Interest, and Capital Accumulation

Delving into the complexities of profit, interest, and capital accumulation, this chapter explores the impact of the credit system on smoothing processes and internalizing risks. It also discusses the transition in capitalist production, the significance of working periods, fictitious capital, and the role of credit systems and technological advancements in various industries.

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